USDCHF Daily Forecast: November 09

USDCHF Daily Forecast: November 09
November 9th, 2009 @ 1:20 am by Setyo Wibowo

USDCHF Forecast
The USDCHF also made indecisive movement on Friday. On h4 chart below we can see that price still struggling around my lower line of range area around 1.0166. This fact indicating consolidation, but I still prefer bearish scenario. However we need a consistent move below 1.0166 and below my new trendline support area (red) to confirm the bearish scenario today with potential downside target remains around 1.0000/40 area.

usdchf4hchart

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